Funding Received
$1.6 Million in 3 Rounds from 3 Investors
Most Recent Funding
Series A on September 4, 2013 / Undisclosed Amount
Founded:
February, 2010
Headquarters:
Redwood City, CA
Description:
Driveway helps auto insurers grow market share, attract new customers, retain the best drivers & reduce loss ratios with a mobile-ubi platf.
Founders:
Igor Katsman, Jake Diner
Categories:
Big Data Analytics, Auto, Insurance, Mobile
Website:
http://drivewaysoftware.com/

Detailed Description

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Driveway is a robust, smartphone-deployed, cloud-based technology that provides auto insurers with comprehensive insured driving data for better pricing intelligence – maximizing the opportunity for lower loss ratios and higher profits.

While the technology sets new performance standards in the Usage Based Insurance arena, affordability, scalability and ease of rollout are the head-turning features that position auto insurers for cost-effective speed to market.

Low cost of entry (NO hardware costs) Instant app branding Speed to market and easy to scale No driver interaction required Intuitive safety scoring model 24/7 access to advanced analytics Fun, engaging driver feedback Already installed with 170,000 users so you have control data to compare against Proven fourth-generation solution works with all U.S. wireless carriers Available for iPhone and Android

WILL YOU LEAD OR BE LEFT BEHIND? CLOSE THE UBI PERFORMANCE GAP WITH DRIVEWAY!

Current Team (2)

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Funding Rounds (3) - $0.00

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Products (1)

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Investors (3)

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  • 5dcd59771475a88882522ded53c82c31

    Kernel Capital Partners

    Kernel Capital Partners is a venture capital firm based in Ireland.
  • 2d250f46ce29ce4bc5e95043af116844

    Altair.VC

    Altair.VC invests in seed stage start-ups and provides operational support.
  • 68e43add71c8d986a2c98d134655a7e7

    IMI.VC

    Investing in mobile future

Offices/Locations (1)

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  • Headquaters

    425 Broadway st

    Redwood City, CA 94063

    USA